Small business helping the economy

September 11, 2008 by ShannonCherry  
Filed under Entrepreneurship, Leadership

While many large companies got rid of 50,000 employees, small busmall business employment upsiness owners added more than 20,000 jobs in August. That’s according to the ADP National Employment Report.

For companies with fewer than 50 employees, the figures looked like this:

• Total small business employment: +20,000
• Goods-producing sector: -16,000 small business jobs
• Service-providing sector: +36,000 small business jobs

Still, I wonder, how are you feeling as a small business owner?  Are things really tight for you?  Or do you find this economic downturn a boost for your business?

 

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